Smart Money Is Betting Big In PLTR Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a significant interest in Palantir Technologies (NYSE:PLTR) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 14 unusual options trades, with a majority being bullish. The trades suggest an expected price range of $13.0 to $32.0 for PLTR over the next three months. The company, known for its analytical software, has seen its stock price increase by 0.68% to $23.72. Analysts have mixed opinions, with target prices ranging from $5 to $30.
February 27, 2024 | 4:15 pm
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Smart money investors are actively trading PLTR options, indicating a bullish sentiment with an expected price range of $13 to $32. The stock has recently increased by 0.68% to $23.72, amidst mixed analyst ratings.
The significant interest from smart money investors in PLTR options, with a majority of trades being bullish, suggests a positive outlook for the stock. The expected price range indicates potential growth, while the current stock price increase and mixed analyst ratings add to the complexity of predicting short-term movements. However, the bullish sentiment from large investors could drive positive momentum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100